Statute · California Government Code

Cal. Gov't Code § 22960.79 — Community Property

Cal. Gov't Code § 22960.79

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1998-09-25
Current through
Nov 2, 2026 (California Legislative Counsel)

A nonparticipant spouse who is entitled to a distribution for retirement that equals or exceeds five thousand dollars ($5,000), may elect to receive the distribution in one of the following forms:

Citator

Cal. Gov't Code § 22960.79 — Community Property is in force in the current edition of the Code, and nothing recorded condemns it.

A nonparticipant spouse who is entitled to a distribution for retirement that equals or exceeds five thousand dollars ($5,000), may elect to receive the distribution in one of the following forms:

(a) A single lump-sum payment.

(b) Substantially level installment payments for a period of years that extends no longer than the life expectancy of the participant.

(c) A single life annuity.